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3 years ago

Owner's withdrawals:______.

Business

1 answer:

MArishka [77]3 years ago

8 0

Answer:

Owner's withdrawals:______.

a) decrease owner's equity.

Explanation:

The withdrawals made by the owner of an entity reduces his or her equity interest in the entity. Owner's withdrawals are transfers of cash from the business to its owner. They are not expenses of the business and do not appear in the income statement. Instead, withdrawals may occur when an organization is spinning off extra cash or when the owner has an immediate personal need for the funds. The forms of business organizations that allow for withdrawals by the owners are the partnership and the sole proprietorship.

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The resources (like time and energy) that are used in making an exchange.

Brilliant_brown [7]

Answer:

Transaction Costs is the correct answer.

Explanation:

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3 years ago

Crew Clothing (CC) sells women’s resort casual clothing to high-end department stores and in its own retail boutiques. CC expect

motikmotik

Answer:

January February March

Total Cash Receipts $634,000 $546,000 $582,000

Explanation:

CC’s expected cash receipts from customers

January February March

Sales $510,000 $570,000 $590,000

Cash Receipts

Cash - 20% $102,000 $114,000 $118,000

Credit - 40% $328,000 $228,000 $236,000

Credit - 40% $204,000 $204,000 $ 228,000

Total $634,000 $546,000 $582,000

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3 years ago

At what price will a bond sell if the required rate of return is equal to the coupon rate?

8_murik_8 [283]

If a bond's purchase price is equal to its par value, its coupon rate equals its yield to maturity. A bond's par value is its face value, or the stated value of the bond at the time of issuance, as determined by the issuing entity.

It is the same as the coupon rate and is the amount of income you receive on a bond expressed as a percentage of your initial investment. If you buy a $1,000 bond and receive $45 in annual interest payments, your coupon yield is 4.5 percent. When the interest rate on a loan rises (when interest rates rise).

To learn more about coupon rate, click here.

brainly.com/question/16913107

#SPJ4

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1 year ago

Union Apparel has sales including sales taxes for the month of $552,000. If the sales tax rate is 6%, what are Union Apparel's s

nadezda [96]

Answer:

Union Apparel's sales for the month is $520,000

Explanation:

For computing the monthly sales excluding taxes, the calculation is shown below:

= Sales including sales taxes × Sales ÷ sales with sales tax

where,

1 is the sales value

And, sales value with tax equals to

= 1 + 6 % = 1 + 0.06 = 1.06

Now, put these values to the above formula

So, the value would be equal to

= $552,000 ×1 ÷ 1.06

= $520,000

Hence, Union Apparel's sales for the month is $520,000

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4 years ago

What item(s) are tax deductible for consumers who are buying or renting a home?

olasank [31]

Being a new home owner, I can tell you a few tax deductibles. They are:
1. Mortgage interest
2. Property taxes
3 Moving costs

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4 years ago